Village Board Approves Budget for 2011-12

Updated: Friday, April 29, 9 a.m.

The Village Board of Trustees voted unanimously to approve the 2011-12 budget Thursday night at the board's bi-monthly meeting.

All trustees except for David Pittinger were present for the vote.

There wasn't much discussion about the budget Thursday, and no one from the community was present to voice an opinion.

The only discussion occurred as Trustee Ed McManus said he wasn't fully supportive of the multi-family license portion of the portion. He was told he could vote "nay" on the whole budget or make a remove to remove or amend that portion. He chose to do neither.

The board held a budget workshop in March to fully discuss the budget.

Woodridge Patch will attend a budget debriefing meeting on Monday. Look for more coverage on the budget then.

Woodridge Patch reporter Corinne Steagall contributed to this report.

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Village department budgets for fiscal year 2012 could look very similar to those in fiscal year 2011.

Members of the Village of Woodridge Board of Trustees will vote Thursday on the proposed budget at the board's bi-monthly meeting. The board held a budget workshop to discuss the budget in March. Any member of the community is welcome to share his or her opinion at the meeting Thursday night.

Village meetings are held at 7 p.m. at Village Hall on the second and fourth Thursdays of the month.

The budget currently provides for $41,024,901 in expenses and $34,520,411 in revenues, according to Jack Knight, management analyst for the village. That's a difference of $6,504,490.

According to Knight, that disparity is due to "Debt Service and capital purchases, with an actual shortfall in operational expenses/revenues of $600,274 or 1.5% of the total budget."

Village of Woodridge revenues stated in the 2010-11 budget were $39,682,462. Expenditures in that budget were $40,959,480. The difference between expenditures and revenue was $1,277,018.

Although expenses still outweigh revenue in the proposed 2011-2012 budget, Knight said the village will maintain a 67.96% fund balance in fiscal year 2012. The five-year forecast for this budget projects a 28.09% fund balance in year 5.

Proposed 2011-12 department budgets look very similar to those from the 2010-2011 budget, with the Community Development Department seeing the biggest jump in its budget with a 7 percent increase. Finance is seeing the smallest change with a .15 percent increase to its budget.

Below are the departments with their 2010-11 adjusted budget numbers, the proposed 2011-12 budget numbers and the difference between the two.

Administration: $3,193,978 to $3,144,217 (-1.6 percent)

Finance: $2,883,809 to $2,888,236 (.15 percent)

Community Development Department: $1,122,258 to $1,207,685 (7.6 percent)

Police Department: $8,387,418 to $8,555,951 (2 percent)

Public Works: $2,927,850 to $3,111,063 (6.3 percent)